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REED'S, INC.

REED'S, INC.REEDEarnings & Financial Report

NYSE

Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kansas, and was planning a move back to Downtown Kansas City before the company was sold. It operated asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.

REED Q3 2025 Key Financial Metrics

Revenue

$7.0M

Gross Profit

$1.2M

Operating Profit

$-4.1M

Net Profit

$-4.0M

Gross Margin

17.4%

Operating Margin

-58.3%

Net Margin

-56.6%

YoY Growth

4.2%

EPS

$-0.48

Financial Flow

REED'S, INC. Q3 2025 Financial Summary

REED'S, INC. reported revenue of $7.0M for Q3 2025, with a net profit of $-4.0M (-56.6% margin). Cost of goods sold was $5.8M, operating expenses totaled $5.3M.

Key Financial Metrics

Total Revenue$7.0M
Net Profit$-4.0M
Gross Margin17.4%
Operating Margin-58.3%
Report PeriodQ3 2025

REED'S, INC. Annual Revenue by Year

REED'S, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $38.0M).

YearAnnual Revenue
2024$38.0M
2023$44.7M
2022$53.0M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$11.7M$9.6M$11.9M$6.8M$9.7M$10.0M$9.5M$7.0M
YoY Growth-22.3%-14.0%18.7%-43.0%-16.8%4.5%-19.8%4.2%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$18.9M$19.3M$18.7M$15.0M$25.1M$24.5M$23.7M$19.9M
Liabilities$38.1M$40.0M$42.6M$37.0M$18.5M$19.9M$22.0M$17.2M
Equity$-19.2M$-20.7M$-23.8M$-22.0M$6.6M$4.7M$1.7M$2.8M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-182000$-2.4M$-912000$1.1M$-3.9M$-5.4M$-5.0M$-2.8M